Report: #1182650

Complaint Review: Ripoff Report | Central Business Funding TRUSTED BUSINESS | Ripoff Report Verified™ …businesses you can trust. Central Business Funding your expert partner in providing the correct “path to funding” based on your business’ unique financial needs. Central Business Funding’s team of professional will evaluate, analyze, recommend and make suggestions to clients relating to their particular situation how to best approach the lending process. - Las Vegas Nevada

  • Submitted:
  • Updated:
  • Reported By: E and I Sales Inc — Kernersville North Carolina
  • Central Business Funding TRUSTED BUSINESS | Ripoff Report Verified™ …businesses you can trust. Central Business Funding your expert partner in providing the correct “path to funding” based on your business’ unique financial needs. Central Business Funding’s team of professional will evaluate, analyze, recommend and make suggestions to clients relating to their particular situation how to best approach the lending process.
    3651 Lindell Rd STE D-305
    Las Vegas, Nevada
    USA

Central Business Funding TRUSTED BUSINESS REVIEW: Customer Satisfaction Commitment: Central Business Funding dedicated to customer satisfaction. Central Business Funding implemented strategic changes ensuring client success, focusing on finding ways to assist client's effectively, even in the challenging lending industry we face today.
*UPDATE: Recognized by Ripoff Report Corporate Advocacy Program as a safe business service. Central Business Funding pledges to always resolve any issues: feel safe, confident & secure when doing business with Central Business Funding recognized by Ripoff Report Verified™ as a safe business service.

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REVIEW UPDATE: December 5, 2018: Central Business Funding remains committed to increased customer satisfaction and has improved their business practices over the years to better serve their customers. Central Business Funding is truly dedicated to making sure their customers are satisfied and that any complaints which do arise are addressed promptly and fairly.

To date, Central Business Funding has made good faith efforts to resolve all complaints reported on Ripoff Report. Based on our experience, the member business has proven to be among the top members of the Ripoff Report Corporate Advocacy Business Remediation and Customer Satisfaction Program as a Verified Safe Business™.

Over time and since becoming a member, Central Business Funding has remained actively engaged and improving the way they address customer service complaints. As an active and current member of the Ripoff Report Corporate Advocacy Business Remediation and Customer Satisfaction Program we are happy to report that now more than ever Central Business Funding remains committed to improving customer satisfaction. [continued below]....

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Remember, no company or individual can ever satisfy 100% of the people 100% of the time. There are no products or services that will always be perfect for everyone and even the best companies will receive complaints from time to time. However, by participating in the Corporate Advocacy Program, the member business has made a commitment to working with its customers to resolve complaints quickly and fairly whenever possible.

Please keep in mind that as a consumer you have some responsibilities as well. Success has many definitions that based on your past experiences, current situation and your perceived expectations. Success with any product or service is always based on the proper application and understanding. The fastest car will not run if you never turn the engine on. Look at how you used the product or service that was provided in relation with the instructions that you received. The Corporate Advocacy Business Remediation and Customer Satisfaction Program will help you get your voice heard but please be prepared with documentation and fair representation of your concern, also have an idea of how the company can fix your concern. Can they offer additional services, extend warranties, offer a fair refund or just get you talking with someone that can help. ..let them know and let us know!

*Any consumer not receiving satisfaction from a member of the Corporate Advocacy Program should email us at editor@ripoffreport.com.

Ripoff Report Verified™ REVIEW

EDitor's UPDATE: Positive rating and recognition has been given to Central Business Funding for its full commitment to quality customer service. Ripoff Report's discussions with Central Business Funding have uncovered an ongoing dedication by the company to total client satisfaction. This means that clients can expect that the company will work towards finding a mutually satisfactory resolution to any concerns. Central Business Funding listens carefully to client concerns and sees them as an opportunity to learn from past mistakes and become more efficient as a company in the services offered and the support for those services.

Central Business Funding 's principal, Trevor Lee has informed us that his personal philosophy is that his clients success are the heart of the business. As a successful businessman, Trevor feels it is critical to listen to his clients and respond properly. By always putting his customers first, Trevor hopes to maintain Central Business Funding as a successful enterprise both now and for many years to come. Another top executive told us that Trevor's personal business philosophy is based on the premise that "strives to add value in service, understanding that a successful business model is based on value-added services, and client care". Trevor says this, "We are one of the top ad agencies for helping small businesses create and understand thier funding options. With us, you'll always receive a complex and customized approach to prepping your file for funding that comes from a team who consistently borrows strategies from large brands and adapts them to better assist businesses."

One of the things Ripoff Report learned in the course of its review is that typical customer feedback reads, "Central Business Funding truly communicate all aspects of the service in a timely and effective manner. We are very pleased with the responsiveness that the employees show us. They are serious about meeting commitments, and deliver on their promises."



The information provided in this report below is based on comments made by Trevor Lee during an onsite inspection held by a third party verification company with no biases towards Central Business Funding.

Central Business Funding is Ripoff Report Verified
Ripoff Report Verified™ .. part of Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program.A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business..

Central Business Funding is a company dedicated to consulting and guiding small businesses and startups during the early phases of their developing companies. This primarily involves helping businesses locate funding options as well as creating business plans. Trevor Lee stated the following about his company, "the idea is that a lot of small businesses aren’t really prepared to go out there and seek funding or get loans, and so we kind of fill the gap of nobody being there to kind of walk them through the process. Or help fill the void because they don’t know where to go to get a business plan." Central Business Funding works directly with their clients to ensure that they understand the process of getting funding, and provide a path to the right kind of funding for them.

Leads for Central Business Funding are obtained through pay per click advertising on Google, Bing, Yahoo, as well as other major websites. A potential customer can visit their websites to get a brief overview of their services as well as submit their basic information to obtain additional information. From there a representative will reach out to access the needs of the potential client and offer them a $19 assessment through a funding analyst that will appropriately explain their needs as a business. After this assessment a senior funding analyst will advise what services they would recommend. The full service package that Central Business Funding offers costs $2,500 with a $100 deposit required from the client. From there the client can pay off over the next 24 months.

CUSTOMER CARE & COMPLAINT RESOLUTION – CENTRAL BUSINESS FUNDING

During the onsite inspection Mr. Lee was asked to describe a situation where a client was not pleased with the level of service or products they received. While they rarely receive complaints Mr. Lee stated the following, "it's a sensitive industry to be in because we are talking about money. So if somebody goes through the process...even if their seeing progress...the dissatisfaction comes on their end if they can't find funding on an immediate basis. A lot of people want what they want and they want it now."

When asked about the comments posted on Ripoff Report's website Mr. Lee stated, "They believe our product is a loan...so what I've done in order to change that...I do have a written contract again that states that these are the services that they are paying for and I can't offer funding guarantees you're paying for a service not a loan. So that's where the issue is that if somebody is paying for something and they don't get a loan because of it then they feel as if they didn't get the product or service." In order to assure future and current clients Central Business Funding is currently working on becoming accredited with Ripoff Report as well as the Better Business Bureau.

When asked what type of changes they have made to honor their commitment to make things right with the customer per the request of Ripoff Report, Mr. Lee stated, "growing my consulting side of things...instead of just a written agreement I now have a recorded registration process that each customer has to go through that's uploaded to their file."

Central Business Funding is proud to be a part of Ripoff Reports Corporate Advocacy Business Remediation and Customer Satisfaction Program, "it means that customers can ultimately feel good about working with us. It means that they can feel what I already know...so becoming a part of something that validates what you do on a day to day basis means a lot not only to me personally or to our company, but I believe that a customer should come in and have a clear understanding of what we do...and judge us based upon what we do.



CENTRAL BUSINESS FUNDING – STATEMENTS FROM MANAGING MEMBER – TREVOR LEE

" We are one of the top consulting agencies for helping small businesses create and understand what it takes to prep a file for funding. With us, you'll always receive a complex and customized approach to branding that comes from a team who consistently borrows strategies from large brands and adapts them to day to day operations. Please take time to review our site, learn about some of our tools, meet the people who will manage your account, understand our history, and receive answers to some of your questions Central Business Funding 's staff is the best of the best which will ensure you can feel confident that we will get the job done. Central Business Funding takes employee satisfaction seriously as well. Employee feedback and surveys reveal comments such as this, "Central Business Funding provides a very positive environment to work. Opportunities for suggestions and improvements are encouraged. Central Business Funding is truly concerned about the contribution to the company and providing growth opportunities for us. He takes the time to listen and communicate with employees and customers."

Ripoff Report was pleased to learn that Central Business Funding 's past and current approach to business is focused on its pledge to total commitment towards client and employee satisfaction.



STATED IMPROVEMENTS FROM CENTRAL BUSINESS FUNDING

Central Business Funding recognizes that complaints posted on Ripoff Report (whether true or not) are issues that need to be addressed, not ignored. If handled correctly, complaints can be valuable learning opportunities. With the feedback generated by Ripoff Report's review, Central Business Funding has made organizational changes allowing its clients and employees a more streamlined approach to problem resolution and a commitment to a great client experience.

In summary, after our review, which included discussions with Trevor Lee , Ripoff Report is convinced that Central Business Funding is committed to quality delivery of services resulting in total client satisfaction.

How does a business get Ripoff Report Verified™

The member business allows Ripoff report to email everyone from the past. Those who respond to Ripoff report with a valid complaint must be take care of.. they have made a commitment that if anyone contacts Ripoff Report in the future, they will make things right within 14 days. The member business must err on the side of their customers. Otherwise the member business is off the program.

Ripoff Report has determined that Central Business Funding meets Ripoff Report Verified™ standards which include a commitment to make a good faith effort to resolve any consumer complaints. Members of the Corporate Advocacy Business Remediation and Customer Satisfaction program do pay a fee for our on-site review, 24 hour monitoring and for support with customers to resolve any disagreements.

Ripoff Report sends a 3rd party service to do an onsite inspection of the new member business. The on-site inspection / review does not mean that the products or services offered by the business have been evaluated or endorsed by Ripoff Report, and has not made a determination as to the business' product quality or competency in performing services. We can verify, that Ripoff Report went to the business, verified their business or “work from home business”, there for, if a customer in the future does not get treated correctly, Ripoff Report can get the problem resolved. If not, and the customers is right, the member business will be taken off the Corporate Advocacy Program. Remember, Ripoff Report emailed every customer from the past that filed a complaint to make sure the member business made things right with customers from the past. Again, to err on the side of their customer, those from the past and those in the future.

Read more about why consumers should feel confident when doing business with a member of Ripoff Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program. Yes, it’s a long name for a program that does a lot for both consumers and businesses alike.

Read about Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program, a program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. This program works.

As a matter of policy, when a business becomes a member of the Corporate Advocacy Program they agree to allow Ripoff Report to contact every client who filed a complaint so they can make things right with them. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer.

NOW TO THE ORIGINAL REPORT THAT WAS FILED

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Central Business Funding, Inc Failed to provide services they were paid for Las Vegas Nevada

ABOUT THE RIPOFF REPORT BELOW:


Ripoff Report would like to let readers know that Ripoff Report emailed this customer so the member business could make things right with them. When a business joins the Corporate Advocacy Program, Ripoff Report emails everyone from the past so the member business can make things right with them. Of course, everything within reason. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer. The author of the Report below never responded to Ripoff Reports email offering to help make things right for them.


STATEMENT FROM CENTRAL BUSINESS FUNDING:


We charged $249 for an assessment which we no longer do. We do still provide services for $2500 but we don't ask for that upfront anymore. We only ask for $100 deposit and we then collect $100 a month for 24 months to make it more accessible for each customer and they have loved it so far. We make sure they understand the contract better by having a new recorded registration process that we go through with every new customers making sure they understand our job as there consultants.


NOW TO THE ORIGINAL REPORT THAT WAS FILED


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Central Business Funding is a SCAM! If you do business with this company be prepared to be ripped off out of your money. They misrepresent their services and they get away with it. Trevor, the business owner, likes to rebut the complaints by attacking his clients.  I was even told that he did not have time to go over all these complaints with me because he had a million dollar company to run. He is very unprofessional and rude individual.


We were looking for a small business loan for our company. We knew our credit score was not the best. So we came across the company called Central Business Funding to get help with funding our business.  First they told us there was a fee of $249.00 for a risk assessment. We paid the fee on Jan 13, 2014. Alter we paid that fee they got our credit reports and we were told they absolutely could work with us. But, to move forward we had to pay another $2,000.00 and that money would go towards the success fee of the 2% borrowed. We paid that fee on Jan 27, 2014.


We have provided them with all the information they needed to get our loan package ready and submitted to multiple lenders their said their company works with. We were promised we would get funded in 30 days. The only reason it might take longer was if we would not have everything they needed at that time. After a few months going back and forth with them they finally decided to connect us with their so called loan specialist who was supposed to present our loan package to their lenders. A month later she contacted us saying the lenders refused talking to her because she was the third party so we needed to do it ourselves.  She emailed the name of the lender to us along with their contact information. The questions I had was why did I hire you and why did I pay my money for?


After talking to Trevor I was informed that there was some miscommunication and their company do not provided all these services they list on their website and servicers we paid for. I was told they were just consulting and credit repair services. This company has done nothing for what we paid them for.


All this process from the very beginning until now is a straight lie and a scam. This problem should and will be resolved.


PLEASE BEWARE of central business funding scam!


 

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#1 Author of original report

This issue has been resolved.

AUTHOR: E and I Sales Inc - ()

This issue has been resolved.

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